The software giant SAP has introduced its next generation software package for control of the company. The new version of the “Business Suite” as the bundle of software is named for various applications in Enterprise, is the most important innovation for over two decades, said CEO Bill McDermott in New York. At that time, SAP had introduced the long-time successful system “R3″.
The development of SAP
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1972: The Big Bang
Founded as SAP system analysis and program development in Weinheim; 1976 renamed Systems, Applications and Products in Data Processing; . 1977 moved to Walldorf
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1973: The launch
Completion of the first financial accounting software called System RF -. groundwork for the later complete package R / 1 as a comprehensive standard business software
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1988 Expansion
The first time in 1979 offered software R / 2 is booming: By the end of SAP sets by 245 million marks. . In October, the company expects for the equivalent of 380 euros per share on the stock exchange
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1991: The bestseller
At the CeBIT computer fair SAP is the first time the software R / 3, where the developers worked since 1987. For the middle class designed to R / 3 proves bestseller for corporations
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1998: The Globalization
To support international expansion and conquest of the US market in August SAP listed on the New York Stock Exchange. Turnover of 4.3 billion euros
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2007:. The acceleration
SAP buys for 4.8 billion euros the French software company Business Objects. 2010 following the acquisition of US-based software company Sybase for 4.6 billion euros. The basis for new growth is created
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2010:. The new beginning
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2011: The attack
The Chefduo Snabe and McDermott succeed the best year in the company’s history. The end of 2011 they announce the acquisition of US provider SuccessFactors. . Thus, they switch to new products in the promising mobile and cloud computing business
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2012: The Go-
The billion acquisition of US provider Ariba co-chiefs Snabe and McDermott reinforce their new cloud business on. At the same time SAP receives a huge Internet-based procurement network for business customers.
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2013: Conversion
In the spring of SAP announces that it will be converted into a European Company SE. . In the workforce arouses fears that the Group could in the medium term headquartered away relocate from Walldorf
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2014: The autocrat
At the AGM in May McDermott is the sole SAP CEO. His previous partner Snabe comes to the Supervisory Board. McDermott wants to SAP make leaner and more flexible and trim the company entirely to the cloud.
The new product uses the developed by SAP Hana technology can process large amounts of data in real time. Companies have links with the suite “S / 4hana” much faster than before date data as basis for decisions at hand and could simplify operations, McDermott said. In addition, the user interface is so improved and the amount of data required has been reduced so much that managers use the programs can go a smartphone. The new software will make it easier for companies to develop with the recent thrust of digitization in the economy, new business models.
The new product is introduced SAP co-founder and Executive Chairman Hasso Plattner in New York. In his research Institute in Potsdam Hana had been developed. Plattner stressed the advantages of the new IT architecture for the customer: “We can put everything in a system that is a huge cost savings,” he said. An advantage is also that the user can choose whether to install the programs on their own computers or access the software in a cloud version over the Internet.
The innovation should therefore continue to drive the development of cloud-Business at SAP. By 2020, SAP wants to take a total turnover 26-28 billion euros, around eight billion euros with the rental software. As the cloud products only in the long term yield more than the traditional license software, SAP had scaled back its profit forecast for the coming years recently. For business potential of S / 4hana McDermott said nothing.
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